# Ammonia and Hydrogen

Their prices have moved together.

Source page: https://www.materialinsights.org/links/ammonia-and-hydrogen/

[Ammonia](https://www.materialinsights.org/chemicals/ammonia/) (chemical) and [Hydrogen](https://www.materialinsights.org/chemicals/hydrogen/) (chemical): 1 relationship.

## How they are linked

### 1. Price link: main use

*Cost and price · Weak · Both ways*

Ammonia plants are among the largest users of hydrogen, mostly made on site. The ammonia proxy shows no link: monthly moves correlate at minus 0.07 and yearly moves at minus 0.04.

- **-0.07** monthly change correlation
- **-0.04** 12-month change correlation
- **-0.03** fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.
